Commercial Development Land with
5-4632 Lexington Ave Los Angeles, CA 90029
5-4632 Lexington Ave, Los Angeles, CA, 90029
$1,275,000
For Sale
$1,275,000
Zoned LARD1.5 (TOC Tier 3) and currently used as overflow parking near the Metro B-Line.
Days on Market142
Property Features for 5-4632 Lexington Ave
General Information
- Standard status
- Active
- Property subtype
- Land
Listing agency
Marcus & Millichap
(310) 909-5478
Listed by
Jon Emrani · License #01427038
(310) 909-5478
Source
Exprealty
Added: Mar 2 Updated: Jul 21 at 4:47AM Checked: Jul 22 at 10:58AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap
Investment Insights
Based on property information with market context.
A commercial land parcel totaling 8,266 SF, zoned LARD1.5 (TOC Tier 3). The site is currently utilized for overflow parking and the seller states there are zero demo costs and no risk of tenant displacement.
The property has a 95 Walk Score and is approximately 0.1 miles to the Vermont/Santa Monica Metro B-Line. It is described as directly adjacent to major employment centers, including Kaiser Permanente and Children’s Hospital LA. The offering is presented with seller carry featuring a 50% down payment, and the parking use is positioned as interim income to help offset holding costs during the entitlement phase.
The property has a 95 Walk Score and is approximately 0.1 miles to the Vermont/Santa Monica Metro B-Line. It is described as directly adjacent to major employment centers, including Kaiser Permanente and Children’s Hospital LA. The offering is presented with seller carry featuring a 50% down payment, and the parking use is positioned as interim income to help offset holding costs during the entitlement phase.
Key Highlights
- 8,266 SF lot zoned LARD1.5 (TOC Tier 3)
- Currently used as overflow parking
- 0.1 miles to the Vermont/Santa Monica Metro B‑Line
Property Analytics
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Zoned LARD1.5 (TOC Tier 3) and currently used as overflow parking near the Metro B-Line.
Where is this commercial land located?
The property is located at 5-4632 Lexington Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: 8,266 SF lot zoned LARD1.5 (TOC Tier 3); Currently used as overflow parking; 0.1 miles to the Vermont/Santa Monica Metro B‑Line
